Sorry for crypto investors as the market crushes.
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The losses are massive. Elon Musk has been a promoter of $Doge Coin which has lost 86%.
My opinion has always been, crypto are just hot air. They’ll raise and burst and have no actual value.
it will eventually stabilize.
Watu wa crypto waelekee chooni kumwaga machozi…
Mtalijua jiji :D:D:D
Most people miss the point. There is good money to be made in crypto. However, you make the money by trading, not investing. Crypto is extremely volatile. It is a trader’s dream. Unfortunately for most people, trading is a skill that takes years to acquire. That’s why 99% get burned because they lose their money to the professionals in the long run. However, they still play the game for the same reason people gamble in casinos. In the short run, a person with no trading skills can make a kill out of pure luck and that is what attracts retail participants.